Development aid policies have helped developing countries reduce extreme poverty, strengthen institutional frameworks and develop a middle class. But there are still 2.4 billion people living in poverty and inequalities in many countries are still at record levels, and in some cases rising, said OECD Secretary-General.
Promoting policy dialogue on natural resource-based development at Africa Down Under / Logistics key for economic development / Key structural policy changes in emerging Asia
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Although growth outlook is mixed across Emerging Asia, the latest Asian Business Cycle Indicators (ABCIs) suggest signs of growth stabilisation for China and a more positive outlook for the Philippines and Singapore, while still weak growth prospects for India.
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This paper seeks to analyse the patterns of capital flow bonanzas and identify such episodes by defining them relative to global capital flows, instead of relative to past experience as is done in most of the literature. This approach therefore emphasises the relevance of the attractiveness of a country vis-à-vis other destinations instead of the relevance of past flows in experiencing bonanzas.
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This working paper contributes to the debate around the financing of higher education and calls for a fair distribution of the costs of higher education between the private sector (including students and their families) and the public sector, allocated according to the ratio of private and public benefits and externalities that it generates.
Start-ups are gaining momentum in Latin America's innovation strategies. Start-up Latin America: Promoting Innovation in the Region analyses the role of policies in promoting the creation and expansion of start-ups. It provides a comparative snapshot of recent initiatives in six countries in the region to identify good practices and foster knowledge sharing to improve innovation policy design and implementation.
Jump-starting development in Myanmar ahead of population ageing / Promoting Startups in Latin America: who is doing what? / Africa Forum 2013: Harnessing natural resource wealth for economic transformation / ASEAN economies remain resilient
Myanmar faces a crucial few years to come to ignite economic growth and embark on a higher, more sustainable and more equitable development trajectory. The challenge is even more important as the country’s population will start ageing in 2017, says the Multi-dimensional Review of Myanmar: Initial Assessment.
This volume is the first of the OECD Development Pathways, a new series that looks at multiple development objectives beyond an exclusive focus on growth. The series starts with Myanmar, a country to be covered for the first time by the OECD. This initial assessment shows that Myanmar’s success in achieving stable and sustainable growth will depend vitally on its ability to develop the institutional and social capital necessary to maintain macroeconomic and financial stability, to ensure the rule of law, to achieve environmentally sustainable development and to create an enabling environment for the private sector. To be sustainable, growth also needs to be more equitable and inclusive. Seizing the momentum created by the country’s opening and internal peace process will be imperative. Moreover, Myanmar’s increasing population provides a demographic dividend which needs to be reaped in the next couple of decades to boost the potential of the economy. After that, the population will begin ageing and Myanmar risks getting old before the incomes and living standards of its people can significantly improve.
Myanmar faces a crucial few years to come to ignite economic growth and embark on a higher, more sustainable and more equitable development trajectory. The challenge is even more important as the country’s population will start ageing in 2017, says the Multi-dimensional Review of Myanmar: Initial Assessment which was launched by the OECD and UNESCAP in Yangon.